Several countries around the world have introduced reforms to the electric power sector. One important element of these reforms is the introduction of an unbundling process, i.e., the separation of the competitive activities of supply and production from the monopole activity of transmission and...

A number of static and dynamic specifications of a log-linear demand function for public transport are estimated using aggregate panel data for twenty-two Indian states over the period 1990 to 2001. In all cases, transit demand is significant and inelastic with respect to the fare. Service...

Pressure on health care systems due to the increasing expenditures of the elderly population is pushing policy makers to adopt new regulation and payment schemes for nursing home services. We consider the behavior of nonprofit nursing homes under different payment schemes and empirically...

We investigate the relationship between costs and quality in nonprofit nursing homes, a key issue in the present context of cost containment measures. In accordance with the economic theory of production, we estimate a three-inputs total cost function for nursing home services using data from 45...

A residential demand for electricity is estimated using aggregate data at a city level for 40 Swiss cities over the period 1987 to 1990. For this purpose, a log linear stochastic equation for electricity consumption was estimated. The empirical analysis has highlighted some of the...